OLD National Bancorp IN Has $23.73 Million Stock Holdings in Capital One Financial Co. (NYSE:COF)

OLD National Bancorp IN lessened its position in shares of Capital One Financial Co. (NYSE:COF) by 7.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 133,087 shares of the financial services provider’s stock after selling 11,157 shares during the quarter. OLD National Bancorp IN’s holdings in Capital One Financial were worth $23,732,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Swedbank AB lifted its holdings in shares of Capital One Financial by 0.8% during the 4th quarter. Swedbank AB now owns 68,791 shares of the financial services provider’s stock worth $12,267,000 after acquiring an additional 547 shares during the period. Hantz Financial Services Inc. raised its position in Capital One Financial by 15.9% in the fourth quarter. Hantz Financial Services Inc. now owns 37,827 shares of the financial services provider’s stock worth $6,745,000 after purchasing an additional 5,192 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Capital One Financial by 20.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 787,643 shares of the financial services provider’s stock worth $140,452,000 after purchasing an additional 131,774 shares during the period. SteelPeak Wealth LLC boosted its holdings in Capital One Financial by 18.8% during the fourth quarter. SteelPeak Wealth LLC now owns 6,098 shares of the financial services provider’s stock valued at $1,087,000 after purchasing an additional 964 shares in the last quarter. Finally, Stonegate Investment Group LLC grew its stake in shares of Capital One Financial by 6.8% in the 4th quarter. Stonegate Investment Group LLC now owns 3,874 shares of the financial services provider’s stock valued at $691,000 after purchasing an additional 248 shares during the period. 89.84% of the stock is currently owned by institutional investors.

Capital One Financial Stock Performance

Capital One Financial stock opened at $204.19 on Thursday. The company has a market cap of $77.84 billion, a PE ratio of 17.62, a PEG ratio of 1.29 and a beta of 1.46. The company has a current ratio of 0.98, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. Capital One Financial Co. has a 1 year low of $128.23 and a 1 year high of $207.24. The company’s 50-day moving average is $185.91 and its two-hundred day moving average is $163.69.

Capital One Financial (NYSE:COF) last announced its quarterly earnings data on Tuesday, January 21st. The financial services provider reported $3.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.31. The firm had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.22 billion. Capital One Financial had a net margin of 9.46% and a return on equity of 9.45%. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $2.81 earnings per share. Equities analysts anticipate that Capital One Financial Co. will post 15.22 earnings per share for the current year.

Capital One Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 14th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend was Thursday, November 14th. Capital One Financial’s payout ratio is 20.71%.

Insiders Place Their Bets

In other news, insider Mark Daniel Mouadeb sold 1,994 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $162.37, for a total value of $323,765.78. Following the completion of the transaction, the insider now owns 19,776 shares of the company’s stock, valued at $3,211,029.12. The trade was a 9.16 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael Zamsky sold 10,541 shares of the company’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $190.26, for a total transaction of $2,005,530.66. Following the completion of the sale, the insider now owns 26,482 shares of the company’s stock, valued at approximately $5,038,465.32. This represents a 28.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,256 shares of company stock worth $2,462,487. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Wells Fargo & Company boosted their price target on Capital One Financial from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, January 3rd. Evercore ISI boosted their target price on shares of Capital One Financial from $163.00 to $184.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Argus upgraded shares of Capital One Financial to a “strong-buy” rating in a research report on Thursday, January 23rd. UBS Group upgraded shares of Capital One Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $168.00 to $235.00 in a research report on Monday, January 13th. Finally, Royal Bank of Canada raised their price objective on shares of Capital One Financial from $190.00 to $200.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 22nd. Nine analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $196.31.

Capital One Financial Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.